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Woolworths unveiled a partnership with eBay

27/2/2015

Under a partnership unveiled on 23 Feb 2015, eBay customers will be able to pick up their online purchases in selected Woolworths and BIG W stores.

Woolworths' general manager marketplace, Emily Amos, said "This unique partnership will change retailing in Australia. It brings together Woolworths, Australia's largest retailer, and eBay, one of the world's largest online marketplaces, to deliver the ultimate in shopping convenience."

Woolworths has also launched a range of tools to make online shopping easier for customers, including "Track My Order" GPS functionality for food and grocery orders and click and collect options in more than 200 stores for food and general merchandise.

This is one of the evidences to show the customers were busier than ever and looking for greater convenience.

To improve the supply chain in Australia, we may see more business collaborations in Australia from now on!

Ref:http://www.afr.com/p/technology/woolworths_inks_deal_with_ebay_to_XmaVFJuPvqhXRsuyst239J

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Annual wages growth in Australia has fallen to a 17-year low

26/2/2015

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According to the Financial Review today, annual wages growth in Australia has fallen to a 17-year low of 2.5 per cent.

Private sector wages growth for the 12 months to December last year was 2.4 per cent, compared with 2.7 per cent for the public sector. Across both sectors, the average growth was 2.5 per cent, the lowest since the current data series began in 1997.

Over the year to December, annual pay rises ranged from 1.9 per cent for workers in professional, scientific and technical services, to 3.4 per cent in education and training.

The highest average annual pay rises of 2.7 per cent were recorded in Victoria, South Australia and Tasmania, while wages growth in Western Australia continued to ease, with the state's private sector employees receiving annual increases of 2 per cent.

However, public servants in Western Australia along with those in Northern Territory secured average increases of 3.5 per cent, the largest increases won by public sector workers.

We hope that Australian economy is more activated to increase annual pay rises gradually from now on.

Ref: http://www.afr.com/p/national/annual_wages_growth_has_fallen_to_Bsyr1RDC5N4BiLb6N7medJ

http://www.abs.gov.au/ausstats/abs@.nsf/mf/6345.0/

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Australian Property Market is “Booming”

26/2/2015

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According to the Financial Review today, a preliminary weighted average clearance rate of 77.7 per cent was recorded this week across capital cities, compared to 76.2 per cent this time last year. The preliminary figures showed an auction clearance rate of 87.8 per cent in Sydney, 74.9% in Melbourne, 68.9% in Brisbane, 55.2% in Adelaide, 72.9% in Canberra and 53.8% in Perth.

"This is the third year of boom time conditions in Sydney," Dr Wilson, Domain Group senior economist, said. "It is now approaching what we saw in the early 2000s in terms of the longevity of this cycle. There has been strengthening in numbers in both Sydney and Melbourne following the interest rate cut in February."

BlueScope Steel said it expects booming new home building in Australia and the weaker Australian dollar to drive earnings growth through 2015.Blue Scope Steel reported a 62 per cent jump in underlying half-year profit.

Ref: http://www.afr.com/p/business/property/truly_extraordinary_sydney_auction_bkuUWjAmJObWb1bPO1uCNN

http://www.afr.com/p/business/companies/bluescope_steel_profit_jumps_by_siKVALkfVBfQmSCxMFhCWM

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Japan Post offers $6.5bn to take over Australia's Toll Holdings

23/2/2015

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This is an interesteing article from the Financial Review today.

There is a larger picture of the Japanese nations adapting to a world in which its domestic market is shrinking with the population and source of growth must be sought offshore.

Toll bid signalled an end to Japan Post's conservative approach to investment. This changed corporate strategy flagged a wider prospect of growth, which combined with the government's stimulus program will make Japanese equites more attractive to overseas buyers.

Ref: http://www.afr.com/p/nikkei_strong_expansionary_japan_4bAarMcaZM3Rg4BuctEw3M

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One of the Japanese power companies bid to make coal as clean as gas

23/2/2015

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According to the Financial review today, one of the Japanese power companies had some difficulties to build new super-efficient coal fired power station in Japan. However, they could overcome all difficulties through different ways.

Coal is the cheapest option to generate the power at the moment. However, there are some crucial supports will be required even if some new technology has been developed to reduce the environmental impact.

J-Power also owns Osaki Coolgen, a 170 megawatt IGCC pilot plant near Hiroshima, where carbon capture - but not storage - will be demonstrated from 2019. Japan lacks suitable sites for storage, and is concentrating on ways to re-use the carbon for enhanced oil recovery or production of algae for biofuel and fertiliser.

Commercial implementation "depends on performance and capital cost," J-power said.

Is anyone can support to solve these problems from the coal supply side??

Ref: http://www.afr.com/p/national/power_bid_to_make_coal_as_clean_ZnURqMIBwsEJgijq81UVlJ

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Woolworths unveiled a partnership with eBay

Annual wages growth in Australia has fallen to a 17-year low

Australian Property Market is “Booming”

Japan Post offers $6.5bn to take over Australia's Toll Holdings

One of the Japanese power companies bid to make coal as clean as gas

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